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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Howard Feinstein who wrote (56627)4/10/1999 10:22:00 AM
From: rupert1  Read Replies (1) | Respond to of 97611
 
I would do the latter. It is coming back, and it will be back at $30 in 1-2 months.



To: Howard Feinstein who wrote (56627)4/11/1999 12:57:00 AM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
Howard,
If you want to own the stock. Keep it. Sell the puts back for a nice profit. The profit off sets the stock's loss of value. This is the most effective way to handle the transaction.

Consult:
You can protect stock holdings from a decline in market price
Protective Puts as a Hedge
cboe.com

If you don't want the stock. Sell it. Keep the puts until you think stock has hit bottom and sell them before Friday.
NW


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